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July 15, 2025

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Global economy

Tourists from countries badly hit by Trump tariffs are staying away from US

Data from hotel site Trivago shows fewer US bookings by holidaymakers from Canada, Japan, Mexico and Germany Holidaymakers in countries hit the hardest by Donald Trump’s trade tariffs are taking the US off their list for trips abroad, according to onli…

May 27, 2025
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EU hopes for quick deal to resolve US trade war after Trump delays 50% tariffs

European leaders call for ‘lowest possible’ border taxes after levies postponed from 1 June to 9 JulyEU leaders have expressed hopes for a quick deal to resolve the trade war with the US after Donald Trump announced he was delaying his threatened 50% t…

May 26, 2025
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EU president secures tariffs delay after talk with Trump

Enactment of 50% tariffs postponed until July so both sides can ‘reach a good deal’ after pressure from European leadersDonald Trump has announced that he will pause his threatened 50% tariffs on the European Union until 9 July, after a “very nice call…

May 25, 2025
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Any trade deal with US must be based on ‘respect not threats’, says EU commissioner

Maroš Šefčovič’s remarks come after pace of talks prompted Trump to propose 50% tariff on goods from blocThe European Union’s trade chief has struck a defiant tone after Donald Trump threatened to place a 50% tariff on all goods from the bloc, saying a…

May 24, 2025
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Trump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’

President says EU imports to US will be subject to levy from 1 June as markets slump in reaction to ‘major escalation’Business live – latest updatesDonald Trump has said he will impose a 50% tariff on all EU imports to the US from 1 June after claiming…

May 23, 2025
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World’s seven wealthiest countries agree to counter China’s trade practices

G7 finance ministers and central bank governors pledge to address ‘economic imbalances’, without naming ChinaTop finance officials from the world’s seven wealthiest democracies have set aside stark differences on US tariffs and agreed to counter global…

May 22, 2025
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South Africa’s Ramaphosa expected to take golf stars to Trump meeting

Ernie Els and Retief Goosen reportedly part of delegation as president seeks to reset ties after white ‘genocide’ claimsThe South African president, Cyril Ramaphosa, is expected to take the golfers Ernie Els and Retief Goosen with him to meet Donald Tr…

May 21, 2025
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Brexit food control post at Portsmouth ‘may have to be demolished’, says port director

Exclusive: £25m hi-tech facility at terminal had been called ‘white elephant’ even before latest EU deal scrapping some health and veterinary checksA £25m post-Brexit border control post in Portsmouth may have to be demolished if the UK government’s de…

May 21, 2025
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Trump says he has a ‘little problem’ with Tim Cook over Apple’s India production

President rebukes tech firm after reports it will switch assembly of iPhones for US market from China to IndiaDonald Trump has admonished Apple and its chief executive over the tech firm’s reported plans to source production of US-bound iPhones from In…

May 15, 2025
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US reportedly plans to slash bank rules imposed to prevent 2008-style crash

Watchdogs could cut capital rules as Trump’s deregulation drive opens door to rollback of post-crisis protectionsBusiness live – latest updatesUS watchdogs are reportedly planning to slash capital rules for banks designed to prevent another 2008-style …

May 15, 2025
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  • Inflation jumped last month hitting its highest mark in months amid Trump’s tariffs threat July 15, 2025
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  • Tim Davie insists he is right person to lead BBC July 15, 2025
  • Investigation: Microsoft uses engineers in China to help maintain US DOD systems, with minimal supervision by US personnel, leaving sensitive data vulnerable (ProPublica) July 15, 2025
  • Pro-Palestinian group rams Edinburgh defence firm with van July 15, 2025
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